Plan Ledger DOL Form 5500 · updated monthly

Business Solutions of Perrysburg LLC401(k)

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN · PERRYSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
1.31%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Business Solutions of Perrysburg LLC reported $134,974 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,472 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.41% to 1.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (1,900th of 3,295), and the 5,404th of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,087,952
Participants with balances354
Active participants405
Employer contributions$596,257
Employee contributions$1,069,950
Employer contribution per active participant$1,472
Average account balance$31,322
Benefits paid to participants$1,307,601
Plan auditUnmodified (clean) audit opinion
AuditorTITUS & URBANSKI INC
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 354 accts · $596K emplr
2023$9.5M · 336 accts · $551K emplr
2022$7.4M · 350 accts · $564K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,791
Investment management$97,183
Total administrative$134,974
The Business Solutions of Perrysburg LLC 401(k) match · 2024
Employer contribution per active participant$1,472
Median for plans this size$2,416
2024$1,472 per active participant
2023$1,331 per active participant
2022$1,452 per active participant

Business Solutions of Perrysburg LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EVANS, BEEBE & FIELDS FINANCIAL GRO · Recordkeeping · Investment advisory (plan)$97,478
PCS RETIREMENT, LLC · Contract administrator · Recordkeeping$37,791
BRINKER CAPITAL INVESTMENTS, LLC · Investment management$294

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024EVANS, BEEBE & FIELDS FINANCIAL GRO, PCS Retirement
2023EVANS, BEEBE & FIELDS FINANCIAL GRO, PCS REITREMENT, LLC

This plan has changed recordkeepers within these filings. If you left Business Solutions of Perrysburg LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$134,974 · 1.31%
2023$111,472 · 1.32%
2022$106,644 · 1.41%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Five Rivers Health Centers OH$11.3M · 0.69%
Easter Seals Tristate LLC OH$11.2M · 0.63%
Child Focus, Inc. OH$10.7M · 0.81%
Judson OH$10.7M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474365301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.